VION Ingredients to Acquire BAIC Protein’s Activities

This acquisition will provide VION Ingredients with improved access to the rapidly developing Asian market. BAIC Protein will become part of the VION Ingredients company Sonac.

3 Apr 2012 --- With the acquisition of BAIC Protein’s activities in Maryborough, VION Ingredients has commenced the production of blood plasma and haemoglobin in Australia. The production of blood plasma and haemoglobin is in line with VION Ingredients’ strategy to occupy international positions on the worldwide market for blood products.

This acquisition will provide VION Ingredients with improved access to the rapidly developing Asian market. BAIC Protein will become part of the VION Ingredients company Sonac. This will also enable Sonac to provide services globally to its international clients.

Sonac
Sonac processes animal by-products from the meat industry into useful, high-quality ingredients such as fats, proteins and minerals for application in a variety of sectors. Sonac is the number two on the world market for blood products.

BAIC Protein
BAIC Protein produces blood plasma and haemoglobin. The company employs 20 staff and is based in Maryborough, Australia. BAIC Protein’s name will be changed to Sonac Australia.